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Nov 28, 2012
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>> that's what washington leaders are elected to do, to lead and govern. i think that's why the private sector is speaking out this way, because this is an issue that we have to educate the public, and we have to press our leaders to address. >> we had a representative on yesterday, democratic representative. he didn't even want to talk about means testing medicare or social security. very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person, and you tell them, guess what, you're going to have to pay more for your health care, that would be like raising their taxes, right? and it would help reduce the problem. but they don't want to talk about that. >> the easiest solution's in front of us. i'm not the expert on medicare or social security. means testing and raising age limits seem to me to be pretty practical solutions as part of the solution, not the total solution, to reducing entitlement spending. >> if you were this the white house today with with the president as many of the nation's leading ceos are, what wou
>> that's what washington leaders are elected to do, to lead and govern. i think that's why the private sector is speaking out this way, because this is an issue that we have to educate the public, and we have to press our leaders to address. >> we had a representative on yesterday, democratic representative. he didn't even want to talk about means testing medicare or social security. very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person,...
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Nov 23, 2012
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>> the same composition of congress existed before the election is what we have after the election. nothing happened before then. i'm just repeating what lawmakers said. chris van howen, representative out of maryland, said if nothing is done before they go on summer recess, you have to suspect nothing can get done by the end of the year. everybody is concentrating on this december 31st deadline. actually december 14th is the final day for congress. they can work through the holidays to try to get this deal done. we're looking at $600 billion according to the cbo and if you really want to look at all of 2013, you are looking at $800 billion to $900 billion. it is hard to imagine they could come to terms with everything that needs to be taken care of in just a few weeks from now. >> what happens to the markets if we miss that deadline, todd? >> they're going lower. look at federal spending. >> how much lower? >> at least 10%. this country's destined for a recession as it is. now if you take a look at the fiscal cliff mess, plus you look at spending cuts on the government's side, that
>> the same composition of congress existed before the election is what we have after the election. nothing happened before then. i'm just repeating what lawmakers said. chris van howen, representative out of maryland, said if nothing is done before they go on summer recess, you have to suspect nothing can get done by the end of the year. everybody is concentrating on this december 31st deadline. actually december 14th is the final day for congress. they can work through the holidays to...
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Nov 27, 2012
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the political reason is we had an election. the american people decided tax rates were going to go up for the top 2% of income earners. the republicans tried the alternative approach, they didn't win. move on. the fife is off -- the philosophical approach, we tried under the bush economy and it didn't help. >> sure it did. >> every single republican under the clinton administration, the economy took off and created 22 million new jobs. don't tell me tax increases will ruin the economy. warren buffett wrote an op-ed, it's a lame outdated discredited argument from the gop. stop repeating the talking points. >> larry elder, i'll give you the last word. >> may i respond. the clinton income tax hikes underproduced revenue based upon their projections. they got in less money than they thought. when clinton lowered capital gains they got in far more revenue than they thought. cutting taxes is expansionary and raising taxes is contractionary. >> this discussion still comes down to spending. >>> a man in washington who has never wavered
the political reason is we had an election. the american people decided tax rates were going to go up for the top 2% of income earners. the republicans tried the alternative approach, they didn't win. move on. the fife is off -- the philosophical approach, we tried under the bush economy and it didn't help. >> sure it did. >> every single republican under the clinton administration, the economy took off and created 22 million new jobs. don't tell me tax increases will ruin the...
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Nov 28, 2012
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>> look, i have voted for all of the above and i did it when i was running for re-election. it wasn't a political thing with me. i believe deeply that we got to get the country back on track. we're borrowing 31 cents of every dollar that we spend. clearly that's not sustainable. we know that our debt is now over 100% of our gross domestic product and headed higher. so we know steps have to be taken. the fastest growing part of federal spending are the health care accounts. we're spending 1 in every $6 in this economy on health care. >> the specific way to cut that, what is it? >> my number one recommendation -- >> yeah. >> -- would be better coordination of care for the chronically ill. 5% of medicare beneficiaries -- 5% -- use 50% of the money. >> mostly end of life care. right. >> a lot of it end of life care but a lot of it is not end of life care. it is for the chronically ill. people with multiple serious conditions. we do a very poor job of coordinating the care for those people. as a result, a lot of money is wasted. >> one final question quickly on farm subsidies. wh
>> look, i have voted for all of the above and i did it when i was running for re-election. it wasn't a political thing with me. i believe deeply that we got to get the country back on track. we're borrowing 31 cents of every dollar that we spend. clearly that's not sustainable. we know that our debt is now over 100% of our gross domestic product and headed higher. so we know steps have to be taken. the fastest growing part of federal spending are the health care accounts. we're spending...
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Nov 29, 2012
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plus we had the election and fiscal cliff oncoming. with that, we still got over 2% growth. so even with some kind of drag from higher taxes and spending into next year, without a lot of those -- those severe head winds, you know, i just don't see how with a global -- coordinated global monetary easing policy from the central banks, how you're going to have a worser economy next year and therefore lower profits. >> joe? or josh? >> hi, tony. josh brown. i'm just curious, if you took a look at that gdp third quarter revision from this morning, one of the things i think jumped out most is that really all of the improvement comes as a result of both federal spending and then the other thing -- then the other thing that people don't want to see which is a lot of inventory restocking which i understand is seasonal. but now that's on the backs of the consumers, actually, taking those products out of stores to their homes. are we really going to be able to say that that was a good upward revision? even though the number went up? >> no. frankly, the market would have already priced
plus we had the election and fiscal cliff oncoming. with that, we still got over 2% growth. so even with some kind of drag from higher taxes and spending into next year, without a lot of those -- those severe head winds, you know, i just don't see how with a global -- coordinated global monetary easing policy from the central banks, how you're going to have a worser economy next year and therefore lower profits. >> joe? or josh? >> hi, tony. josh brown. i'm just curious, if you took...
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Nov 21, 2012
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paul bremer turned over authority to the interim iraqi government, which would run the country until elections could be held. [gunfire] >> the insurgency was already gaining momentum. and with the, then newly constituted iraqi army riding into battle in unarmored pickup trucks, and scrounging for guns and ammunition, the iraqi defense ministry went on a billion dollar buying spree with almost no oversight. the contracts were paid in advance with no guarantees, and most of them involved a single company. >> there were awarded without any bidding to a company that was established a few months prior with a total capital of $2,000. so you had nearly a billion dollars worth of contracts awarded to a company that was just a paper company whose directors had nothing to do with the ministry of defense or the government of iraq. >> the name of that company was alain al jaria, which in arabic means the ever-flowing spring. it's address, here in amman, jordan was a post office box. it's telephone number, a mobile phone. the principal was a mysterious iraqi by the name of naer jumaili. and a half a billio
paul bremer turned over authority to the interim iraqi government, which would run the country until elections could be held. [gunfire] >> the insurgency was already gaining momentum. and with the, then newly constituted iraqi army riding into battle in unarmored pickup trucks, and scrounging for guns and ammunition, the iraqi defense ministry went on a billion dollar buying spree with almost no oversight. the contracts were paid in advance with no guarantees, and most of them involved a...
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Nov 26, 2012
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i was just elected. i made aware the only thing i'm honoring is the oath i take when i'm sworn in this january. >> both of these senators are saying they aren't going to be browned by grover norquist from americans for tax reform. this is an issue bigger than norquist. the republican party has positioned itself as the smaller government, anti-tax party. but they've lost an election and it appears that republicans in the senate will see about the house, already to give some ground. >> john, thank you. that's good news. looks like at least some may be ready to rise above the partisan rhetoric. we'll find out. >>> welcome back here. again if you are just joining us, we're at the lincoln financial field in philly, the third best city in the stock market in the last year. another guy that has a brand-new job but is well known to cnbc viewers, bob doll. he's just been announced as chief equity strategist for nuvene asset management. and ken volpert of vanguard based pretty darn close. bob, this is your first i
i was just elected. i made aware the only thing i'm honoring is the oath i take when i'm sworn in this january. >> both of these senators are saying they aren't going to be browned by grover norquist from americans for tax reform. this is an issue bigger than norquist. the republican party has positioned itself as the smaller government, anti-tax party. but they've lost an election and it appears that republicans in the senate will see about the house, already to give some ground....
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Nov 29, 2012
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. >> reporter: he's been elected county commissioner and he owns a famous brothel. the mustang ranch. you have to be the most diversified businessman in america. wouldn't you say? >> i have a diversified portfolio. >> reporter: gillman is a republican in a state represented by one of america's most powerful democrats, harry reid. >> he's been a friend to the state of nevada. so certainly i supported his campaigns. >> reporter: but he doesn't agree with reid on everything and he's worried about the fiscal cliff in a region recovering more slowly than the rest of the nation. >> to me, our world is tied to confidence. confidence in our leaders, confidence in washington. confidence in taxes. trying to figure out what's going to happen with all the health care. and we are absolutely crushed with regulation. this is where the buck stops. all of the rules that are made back there. all the regulations that are made back there. all the financial decisions, they all flow right down here to where you and i are standing. and if companies aren't calling and if they aren't expand
. >> reporter: he's been elected county commissioner and he owns a famous brothel. the mustang ranch. you have to be the most diversified businessman in america. wouldn't you say? >> i have a diversified portfolio. >> reporter: gillman is a republican in a state represented by one of america's most powerful democrats, harry reid. >> he's been a friend to the state of nevada. so certainly i supported his campaigns. >> reporter: but he doesn't agree with reid on...
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Nov 27, 2012
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we as the american public are fools if we would elect, re-elect anybody that sat there and watched this thing go over the cliff. the bigger issue, we are in a slow growth/no growth economy, even after we solve that what are we going to do too move this economy forward? >> what are you advising your clients to do with their money? >> one, a little bit on the conservative side, a normal account would be 50% stocks, 50% bonds, we may be about 40/60, i'm very concerned about the bond market at this point over time. >> treasury, corporates. >> wither in corps pratt, also in some alternative oriented things. secondly, i think we are in a market it makes sense to produce income. if the dow at 13, 14,000 now and 13, 14,000 in three years which could be the situation in a muddling along economy what interest in dividends you produced that period of time. if you believe this isn't going to be a high-growth economy, it leads to you producing it quickly and evenly. >> we got to get to eamonoffers in d.c. the higher tax rate you. >> where are you going to go? >> the dividends is misplaced because yo
we as the american public are fools if we would elect, re-elect anybody that sat there and watched this thing go over the cliff. the bigger issue, we are in a slow growth/no growth economy, even after we solve that what are we going to do too move this economy forward? >> what are you advising your clients to do with their money? >> one, a little bit on the conservative side, a normal account would be 50% stocks, 50% bonds, we may be about 40/60, i'm very concerned about the bond...
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Nov 27, 2012
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ever since the election it has pulled back along with the rest of the market to the point where it's now almost back to where it was before the announcement. it's time to buy, people. bottom line, you want a real cyber monday deal, go buy yourself -- >> buy, buy, buy. >> -- some federal express. robert in illinois. robert? yo, robert? >> caller: praying for the eagles tonight. >> yeah. we need divine intervention. good you pointed that out. what's up? >> caller: electronic gear this holiday season, and i think this stock has a lot of upside due to the increased volume of sales at this time of year. the stock is skul. >> i felt it's too much of a commodity. i don't like stuff that's sold in those particular stores that they're there. i've been recommending the sale of skullcandy, around since 14, 15. the stock did go up to 16, made me look bad momentarily. i stuck by my guns. i still think you should sell skullcandy. fernando in california. fernando? >> caller: [ inaudible ]. >> okie doke. >> caller: coming into the fourth quarter for holiday season with all the names it picked up. >>
ever since the election it has pulled back along with the rest of the market to the point where it's now almost back to where it was before the announcement. it's time to buy, people. bottom line, you want a real cyber monday deal, go buy yourself -- >> buy, buy, buy. >> -- some federal express. robert in illinois. robert? yo, robert? >> caller: praying for the eagles tonight. >> yeah. we need divine intervention. good you pointed that out. what's up? >> caller:...
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Nov 29, 2012
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it's very hard to quantify sandy and the elections overall. macys said we had a record black friday, but it wasn't enough to overcome the effects of sandy. no longer will nordstrom do monthly sales. less than 20% of retailers now report monthly sales. it's really hard to gauge anything based on these retail sales number. you know the whole world was up? europe was up to a new high. boy were the bulls wrong on this. i was part of it unfortunately. in september and october, we were all bullish on china. a big restructuring, nothing's happened. that's why the market is drifting lower, concerns about bank capitalization rates, this calls for big buy backs on the main land. the grandfathers in shanghai who trade in that market are not trading as much, they're not as interested. every list i have seen is cash a percentage of market cap. usually it's about 7% and above. i see ray theon has a really good one. o'reilly automotive was another good one. >> thank you, bob. >> shadow inventory, that's down, copper developing, you can't get the copper. a lo
it's very hard to quantify sandy and the elections overall. macys said we had a record black friday, but it wasn't enough to overcome the effects of sandy. no longer will nordstrom do monthly sales. less than 20% of retailers now report monthly sales. it's really hard to gauge anything based on these retail sales number. you know the whole world was up? europe was up to a new high. boy were the bulls wrong on this. i was part of it unfortunately. in september and october, we were all bullish on...
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Nov 26, 2012
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in the catolca catalonia win the regional elections. the stock market reacted a little bit, it would have been worse if the leader of the separatist movement had done better. let's move on to what i think is the most interesting story and could definitely affect a lot of investors who watch cnbc, argentina. during all the retail hubaloo, a federal judge in new york ordered argentina to pay nml securities $1.5 billion. he has ordered this many times before. what is different is the remedy. there are two things that investors need to know. if you are invested in an emerging market hedge fund you should be worried about whether or not argentina will pay a gdp warrant december 15th. they very well may not and most indexes when it comes to the emerging markets contain argentinean debt. is it going to be systemic if they don't pay it? no, but you could be affected. the second thing is the remedy that the judge has imposed. this is very interesting. he knows argentina will never pay so now what he said is i don't care if argentina doesn't pay.
in the catolca catalonia win the regional elections. the stock market reacted a little bit, it would have been worse if the leader of the separatist movement had done better. let's move on to what i think is the most interesting story and could definitely affect a lot of investors who watch cnbc, argentina. during all the retail hubaloo, a federal judge in new york ordered argentina to pay nml securities $1.5 billion. he has ordered this many times before. what is different is the remedy. there...
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Nov 23, 2012
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obviously you weren't a big fan of the way the election turned out. i like being a strict constitutionalist, and i like article i, section 8. are we ever going to get back to those types of disciplines, or as in your article stated, you think we crossed over and there's no turning back? >> no, we passed the tipping point. i don't think there's any doubt we reached the tipping point. we've reached that era where our foundest most feared where a majority of people could voice themselves a living at the spend of the minority. i don't think there's any coming back. i think we are on the same trajectory as europe, and europe is on the same trajectory as greece, so it's time to look for yourself and families to take care of your personal prone. we cannot solve the country's problems. >> i hope you are not kreb8g9, but we'll have you back to talk about the journey. sully, it's all yours. >> thank you. >>> rick and bill, thank you. i like bill. he's a smart guy. >> good conversation. >>> coming up next, protesters at walmart. we have live at the scene. 6 try
obviously you weren't a big fan of the way the election turned out. i like being a strict constitutionalist, and i like article i, section 8. are we ever going to get back to those types of disciplines, or as in your article stated, you think we crossed over and there's no turning back? >> no, we passed the tipping point. i don't think there's any doubt we reached the tipping point. we've reached that era where our foundest most feared where a majority of people could voice themselves a...
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Nov 21, 2012
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obviously it depends on what you were hoping for in the election and what that mix all looks like. but i'm expecting optimism to fall. and, of course, we'll have no more resolution on taxes or any of those things because it's too soon really to get those done. but, you know, 75% of these small businesses out there are paying their taxes on the personal schedule. they're worrying about that, want to know how to calculate after tax returns on hiring or investment when you don't know what the tax rate's going to be. >> we wish you a happy thanksgiving. >> well, same to all of you. thank you very much. >> see you soon. >>> when we come back, we have a "squawk" tradition. joe has a list of questions ready to go for the butter ball turkey. that's here on "squawk." americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retir
obviously it depends on what you were hoping for in the election and what that mix all looks like. but i'm expecting optimism to fall. and, of course, we'll have no more resolution on taxes or any of those things because it's too soon really to get those done. but, you know, 75% of these small businesses out there are paying their taxes on the personal schedule. they're worrying about that, want to know how to calculate after tax returns on hiring or investment when you don't know what the tax...
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Nov 27, 2012
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presidential election. now we come to the cliff. if we get a deal done, this market needs a catalyst, david. that can be the catalyst forward because buyers frankly are in a wait and see mode and they have been. there's not been a lot of risk to not acting. in fact, the risk har to action. despite the fact that the fundamentals have been for the last couple years the best fundamentals we've ever seen. >> investors reacted positive to deals including today. back to the fiscal cliff. all right. let's say we get a resolution. right away, m&a activity heats up. take me how it will help. >> i think in the first quarter following a deal you will see a resurgence but it won't be dramatic. but that activity will cause buyers to believe there's finally risk to not acting. what we need is a consequence to inaction. that will be deals that will be announced in the quarter following the cliff, which i absolutely believe they will be. we've got deals on the shelf that are waiting for this kind of activity. those deals move into the market. senti
presidential election. now we come to the cliff. if we get a deal done, this market needs a catalyst, david. that can be the catalyst forward because buyers frankly are in a wait and see mode and they have been. there's not been a lot of risk to not acting. in fact, the risk har to action. despite the fact that the fundamentals have been for the last couple years the best fundamentals we've ever seen. >> investors reacted positive to deals including today. back to the fiscal cliff. all...
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Nov 27, 2012
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and christie is getting his re-election campaign ramped up. he has unprecedentedly high approval rating. >> after sandy. and he says this is a job he feels leak he needs to continue. >> stanley wants him to stay. some other corporate news involving erickson. it's filed a lawsuit against samsung alleging patent infringement. ericcson says two years to trike a deal were unsuccessful. and an hp shareholder filed a lawsuit alleging the tech company's top executives misled investors about two key acquisitions that have caused billions of dollars in losses. the lawsuit alleges that hp management concealed the problems and another recent acquisition which we've talked about, electronic data, in an attempt to boost hp stock price. meantime in the "wall street journal," former employees, business partners and attorney attorneys say it's not difficult to conclude that the company autonomy's accounting was overly aggressive, they say such behavior tip filed autonomy long before hp bought it. and mike lynch says the company's culture was aggressive. >> th
and christie is getting his re-election campaign ramped up. he has unprecedentedly high approval rating. >> after sandy. and he says this is a job he feels leak he needs to continue. >> stanley wants him to stay. some other corporate news involving erickson. it's filed a lawsuit against samsung alleging patent infringement. ericcson says two years to trike a deal were unsuccessful. and an hp shareholder filed a lawsuit alleging the tech company's top executives misled investors...
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Nov 26, 2012
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now that the election is over, we're here with mark. we're going to give all your information later, but if i say your name and company, people are going to know where we are. we're not going to give that. you run a marketing company and a branding firm. how has your business gone now that the election is over and as we head toward the fiscal cliff? >> well, our business has been robust and continues to be robust. so far, it hasn't been impacted at all. we're actually looking forward to a pretty good 2013. >> are your clients saying, hey, mark, i want to give you more business, but i'm worried about this fiscal cliff thing. i'm worried about taxes, worried about the economy. are you hearing that at all? >> well, we haven't heard specifically from our clients. and we handle a lot of global brand brands. but i have heard it from other ceos in the region. they're tapping the brakes and not investing to the degree they would have. >> the big companies would hire you to do branding and marketing for them, but do you have to -- are you planni
now that the election is over, we're here with mark. we're going to give all your information later, but if i say your name and company, people are going to know where we are. we're not going to give that. you run a marketing company and a branding firm. how has your business gone now that the election is over and as we head toward the fiscal cliff? >> well, our business has been robust and continues to be robust. so far, it hasn't been impacted at all. we're actually looking forward to a...
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Nov 28, 2012
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we've got a house election in two years -- less than two years. >> although, i don't think this is about electoral politics right now. this is about -- this is about dollars and cents for specific interest groups, constituents, supporters of these politicians and their ideological views. so, look, it's not easy to do. and i believe at the end they'll do it, but this is part of the dance, you know, before it gets super intense. >> and you know what else it is? it's sausage being made and it's ugly to watch. but then -- and then i think about closing loopholes. and name your loophole, and i can give you a two-year argument. mortgage. oh, it's going to kill the housing industry, charity, we can talk for two years, what will it do to charity? >> universities and -- yes. >> you name any sacred cow. that's why it's sacred, it's a sacred cow. >> state and local tax deductions, oh, my god, what's that going to do to new york? >> is it easier to do the cap and that gives you the nebulous, well, we're not hurting anyone -- >> yes. >> would that work? >> yes. i mean, a lot of tax policy experts lik
we've got a house election in two years -- less than two years. >> although, i don't think this is about electoral politics right now. this is about -- this is about dollars and cents for specific interest groups, constituents, supporters of these politicians and their ideological views. so, look, it's not easy to do. and i believe at the end they'll do it, but this is part of the dance, you know, before it gets super intense. >> and you know what else it is? it's sausage being made...
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Nov 29, 2012
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it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions. >> he would have just extended the bush tax cuts and then the other stuff would have been -- but if romney had been elected, whether bad long term to extend them, that's one thing, but he would have extended -- this is a weird argument to be having to have everything hinging on on the 2% that are -- suddenly as i've said before, suddenly everybody loves the bush tax cuts. so weird. >> flips the tables on who likes what. >> it all goes back to the line in the band. obama first time around caved and his base never for gave him for extending the bush tax cuts when he said he wouldn't. >> maybe the republicans should be reconsidering the tough line that they drew back in july of 2011 because this is a situ
it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions. >> he would have just extended the bush tax cuts and then the other stuff would have been -- but if romney had been elected, whether bad long term...
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Nov 23, 2012
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out to certain people who were skeptical of the decline in the unemployment rate leading up to the election -- let's shovel out more unemployment. i'm excited. woo! >> if the potential growth rate is 2.5 -- >> is this what we're looking at next month? have you already had the secret meeting? >> i wasn't on the call for that one. my point is that there was enough growth in the third quarter to bring down the unemployment rate. >> if that's the growth that makes you and the world happy, you'll be happy for ten years. >> when you have growth above potential it's sufficient to bring down the unemployment rate. maybe the decline of the unemployment rate was actually for real. >> i'm one of those people -- >> you're not going to convince me. >> i was one of those people skeptical about the last unemployment number that we saw. that makes this unemployment number so much more important as you say. if all those things line up and we're talking about some pretty big ifs, i'll be ready to buy the stock market if we get good gdp number and solid unemployment number, that hasn't happened yet. >> there'
out to certain people who were skeptical of the decline in the unemployment rate leading up to the election -- let's shovel out more unemployment. i'm excited. woo! >> if the potential growth rate is 2.5 -- >> is this what we're looking at next month? have you already had the secret meeting? >> i wasn't on the call for that one. my point is that there was enough growth in the third quarter to bring down the unemployment rate. >> if that's the growth that makes you and...
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because she played what was essentially a political role at the height of a contentious presidential election. so there you have it. >> dana, real quickly here, what does she want to know from ambassador rice? is there something specific that she didn't get, part of an explanation that she needs to know he in order to resolve this? >> reporter: well, she has lots of questions but she did introduce a new wrinkle into the whole question about susan rice's qualifications or experience, probably the better way to put it, and that wrinkle is that back in 1998, the bombings of the u.s. embassies across africa, susan rice at the time was assistant secretary of state for africa. so what senator collins said she was asking was whether or not she was part of the team that denied those embassies who apparently were begging at the time for more security, deny them more security. what senator collins said is that ambassador rice said she would have to refresh her memory, it was a lot of years ago, her role in that process. that's a new wrinkle here. we've heard a lot about benghazi and the current history
because she played what was essentially a political role at the height of a contentious presidential election. so there you have it. >> dana, real quickly here, what does she want to know from ambassador rice? is there something specific that she didn't get, part of an explanation that she needs to know he in order to resolve this? >> reporter: well, she has lots of questions but she did introduce a new wrinkle into the whole question about susan rice's qualifications or experience,...
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you think the election is over. there are a lot of things can you argue about. a lot of victories can you score. but getting rid of obama care is something that was tabled in the election. >> i think that's fair. there are two pieces to this debate. one thing that is a huge contradiction and problem for republicans is this. the thing that they campaigned on, getting rid of the medicare savings in the obama care law, that's something that would actually make the deficit picture look a lot worse over the next ten years. that's obviously, you know, that cuts against this narrative. on the other hand, there are a lot of things about the obama care law that are going to be fiscal problems. for example, the law treats people who are on the exchanges really differently from it treats people who get insurance through the employers. so there are a lot of those things that probably should be fixed but aren't going to yield big savings in the short term. as a matter of deficit negotiations, i think boehner is not on strong footing. >> interesting. there are a lot of proble
you think the election is over. there are a lot of things can you argue about. a lot of victories can you score. but getting rid of obama care is something that was tabled in the election. >> i think that's fair. there are two pieces to this debate. one thing that is a huge contradiction and problem for republicans is this. the thing that they campaigned on, getting rid of the medicare savings in the obama care law, that's something that would actually make the deficit picture look a lot...
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remember back on election night the president talked about looking forward to sitting down with governor romney to talk about ways to move the country forward. this after a very tough campaign where either during the debates or out there on the campaign trail each of the candidates have had very strong words about each other's vision for the country. the president was asked about when he would be meeting with mitt romney during his news conference following the election. he said that he looked forward to sitting down and meeting with him, said there are some good ideas, some things of his record that he would like to talk to him about. when he was pressed on that the president said that he thought that mitt romney did a good job in turning the olympics around and he thought that could apply to the federal government to make it more efficient, to make it more customer friendly. people friendly. and so we expect that some of that will be part of the discussions when the president sits down with mitt romney here at the white house tomorrow. i think the timing of this is also quite interesti
remember back on election night the president talked about looking forward to sitting down with governor romney to talk about ways to move the country forward. this after a very tough campaign where either during the debates or out there on the campaign trail each of the candidates have had very strong words about each other's vision for the country. the president was asked about when he would be meeting with mitt romney during his news conference following the election. he said that he looked...
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the dow closing above 13,000 for the first time since the election. this week, the focus turns back to the u.s. economy now the fiscal cliff talks are looking more promising and the election is behind us. new reports this week on the housing market, manufacturing sector and consumer data. also the second estimate for third quarter gdp comes out on thursday. the broadest gauge of the health of the economy and economists think that number is going to show better growth than we saw, 2.8% down from 2.2% that they had thought earlier. the fiscal cliff being, you know, something that really helped the stock market last week. >> i would imagine. >> don't screw up. >> please, congress, don't mess this up. let's take a live look this morning at the capitol dome where congress is back to work this week. s fiscal cliff staring them in the face. 35 days, we go right over that cliff or right down that slide or whatever the metaphor is we're using today. politicians on both sides of the aisle are now signaling that they're willing to compromise. that includes repub
the dow closing above 13,000 for the first time since the election. this week, the focus turns back to the u.s. economy now the fiscal cliff talks are looking more promising and the election is behind us. new reports this week on the housing market, manufacturing sector and consumer data. also the second estimate for third quarter gdp comes out on thursday. the broadest gauge of the health of the economy and economists think that number is going to show better growth than we saw, 2.8% down from...
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it was telling its members all during this year leading up to the election that president obama, if re-elected, would not only take away your gun freedom but all our freedoms, and if that isn't fear-mongering, i don't know what is. >> it's interesting that the gun -- anti-gun lobbying group, the brady campaign, gave the president an f on gun control policy during his first term. how do you explain that, that the president doesn't really seem to be winning from either group on either side? >> no. he has never done anything to advance gun control. as i said, he signed two measures that make it easier to take guns into certain places, and he has never done anything or said anything really to indicate that he has firm plans to impose strict gun controls on the country. i don't believe that he thinks the issue is worth fighting because so many people feel so strongly on the other side. liberals have traditionally, and i think obama has done in his first term given up arguing for strict gun control. i argue that strict gun control alone is not going to solve the undeniable problem with gun violence
it was telling its members all during this year leading up to the election that president obama, if re-elected, would not only take away your gun freedom but all our freedoms, and if that isn't fear-mongering, i don't know what is. >> it's interesting that the gun -- anti-gun lobbying group, the brady campaign, gave the president an f on gun control policy during his first term. how do you explain that, that the president doesn't really seem to be winning from either group on either side?...
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he won re-election two weeks ago by an overwhelming margin. there are people in the state of illinois that is upset because it's going to cost taxpayers millions of dollars to put up these special elections. people are thinking why didn't you quit earlier. >>> thanksgiving will not be the same for many along the east coast. superstorm sandy destroyed their homes. a large group of volunteers with big hearts are turning out to lend a helping hand. >> i'm sergeant joaleen taylor here in afghanistan. i'm like to say happy thanksgiving to my family. of our world challenge with the cadillac ats. this is actually starting to feel real now. [ ross ] this is the perfect place to test the ats's advanced aerodynamics. [ derek ] we've got crosswinds, tailwinds, headwinds. aerodynamics is all about keeping the car planted on the road. you are going to get hit by stuff, so don't freak out. [ screaming with excitement ] and move out now. ♪ [ male announcer ] the all-new cadillac ats. ♪ [ male announcer ] the all-new cadillac ats. try running four.ning a
he won re-election two weeks ago by an overwhelming margin. there are people in the state of illinois that is upset because it's going to cost taxpayers millions of dollars to put up these special elections. people are thinking why didn't you quit earlier. >>> thanksgiving will not be the same for many along the east coast. superstorm sandy destroyed their homes. a large group of volunteers with big hearts are turning out to lend a helping hand. >> i'm sergeant joaleen taylor...
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seek re-election. and we're wanting to get that going today. so i instructed my campaign treasurer to file papers with the election law enforcement commission to seek re-election. and so -- >> there you have it. christie has been extremely hands on in dealing with the storm damage. that has helped fuel a huge spike in his approval ratings which now hover around 80%. >>> in dewitt county, illinois, reluctantly agreed to a coin flip 14 days after their election ended in a tie. incumbent ferguson called tails. decisive coin flip was more like gambling than democracy, he says. >>> crane on fire starts to collapse with hundreds of people standing below in australia. now we're learning about a connection between that crane and another crane that buckled in new york after superstorm sandy. [ female announcer ] imagine skin so healthy, it never gets dry again. can your moisturizer do that? [ female announcer ] dermatologist recommended aveeno has an oat formula, now proven to build a moisture reserve, so skin
seek re-election. and we're wanting to get that going today. so i instructed my campaign treasurer to file papers with the election law enforcement commission to seek re-election. and so -- >> there you have it. christie has been extremely hands on in dealing with the storm damage. that has helped fuel a huge spike in his approval ratings which now hover around 80%. >>> in dewitt county, illinois, reluctantly agreed to a coin flip 14 days after their election ended in a tie....
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the election's over. these are honorable people. senator mccain, senator graham, they're smart people. they love their country. but i do hope everybody just takes a breath and asks the question, if he nominates ambassador rice, is she qualified to be secretary of state? of course the answer is yes. you know, today one of america's closest allies, israel, is under assault at the united nations. you had ambassador oren on a moment ago, they should be united and this is a time we ought to be united. i just don't see any gain frankly for the country and certainly for attacking her. >> what do you think, ari? >> working six years in the senate where nominations get confirmed and two and a half at the white house, i've got to say after all that time, i believe in the power of the executive. i think the president largely should get his way with nominees. he has the right to put people in place who see things his way. even if the minority party disagrees with those policies. i think people should be resistant if there's something seriously
the election's over. these are honorable people. senator mccain, senator graham, they're smart people. they love their country. but i do hope everybody just takes a breath and asks the question, if he nominates ambassador rice, is she qualified to be secretary of state? of course the answer is yes. you know, today one of america's closest allies, israel, is under assault at the united nations. you had ambassador oren on a moment ago, they should be united and this is a time we ought to be...
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that's just weeks after re-election back in 1996. why do i show you all of these? because it all brings me to a very special party of two having lunch next hour at the white house. president obama, as promised, in his victory speech 23 days ago, is hosting mitt romney, who has made no secret that he really thought that it would be the other way around. and our dan lothian is counting down the minutes, standing by at the white house, even though, dan, you are not invited to the luncheon, nor am i or anyone else at the camera, a mic or even a pen. why is it so private? >> reporter: that's right. oftentimes, the president will have meetings here at the white house, lunches or official meetings, where the president is not invited in. our cameras are not allowed in. sometimes our cameras are allowed in but no editorial presence. this one of those where no cameras allowed in, we're hopeful the white house will take a pick pur and release it to us, but at this point no plans for us to sort of get a peek inside that room and listen in on that conversation. although we hope
that's just weeks after re-election back in 1996. why do i show you all of these? because it all brings me to a very special party of two having lunch next hour at the white house. president obama, as promised, in his victory speech 23 days ago, is hosting mitt romney, who has made no secret that he really thought that it would be the other way around. and our dan lothian is counting down the minutes, standing by at the white house, even though, dan, you are not invited to the luncheon, nor am...
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>> despite the election. most people believe obama can go to the liberals and say, you've got to vote for this. >> a lot of liberals are not going to vote for any significant cuts in medicare, for example. >> remember in 2011 when it was revealed what obama was negotiating with boehner, the liberals weren't happy abit. but the white house is confident they could have push that had deal through. but a lot of liberals feel like after the election, obama owes them a little bit more. >> the question is, can boehner get a majority of his republicans on board, can the president get a majority of the democrats on board? if they do that, they'll have a deal. >> it's ironic because it strengthening boehner's position if he goes to obama and says, i've got a lot of these really crazy conservatives pressuring me. it makes boehner's position a little bit stronger in the negotiating table if he can say, i've got these people on my right pushing me and i need a little -- i need to deliver something for them. >> you predict
>> despite the election. most people believe obama can go to the liberals and say, you've got to vote for this. >> a lot of liberals are not going to vote for any significant cuts in medicare, for example. >> remember in 2011 when it was revealed what obama was negotiating with boehner, the liberals weren't happy abit. but the white house is confident they could have push that had deal through. but a lot of liberals feel like after the election, obama owes them a little bit...
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the election, popular opinion and more give president obama a lot of clout right now. and you can agree or disagree with the president's policy. that's for you to decide. republican congressmen tom cole of oklahoma disagrees stronsly. at the same time, he recognizes the political reality that all tax cuts will expire on january 1st and no one wants to raise taxes on what would amount to 98% of all taxpayers. >> in my view, we all agree that we're not going to raise taxes on people that make less than $250,000. we should just take them out of discussion right now. continue to fight against any rate increases, continue to try to work honestly for a much bigger deal. >> congressman cole joins us shortly. a rock rib conservative. chair of the national republican congressional committee, and he's no longer a lone voice in the wilderness. the staunchly conservative editorial page of "the wall street journal" is on board as well. i'm quoting now. the fact is that republicans face a new political reality on taxes. president obama's re-election means that taxes for upper income
the election, popular opinion and more give president obama a lot of clout right now. and you can agree or disagree with the president's policy. that's for you to decide. republican congressmen tom cole of oklahoma disagrees stronsly. at the same time, he recognizes the political reality that all tax cuts will expire on january 1st and no one wants to raise taxes on what would amount to 98% of all taxpayers. >> in my view, we all agree that we're not going to raise taxes on people that...
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when i ran for re-election i said i'm not signing any pledges. i'm going to do what's right. i'm not going to get into the game or sign or not sign pledges. look, from president obama's perspective and the democrats perspective, part of the exercise is to get more revenues from the wealthy, there's lots of different ways to do that. it doesn't necessarily need to be rates although it could be. but there's lots of ways to do that. at least they're in the ball park with each other on the revenue side. the thing that i think should be more troubling to people who are watching this debate is the apparent, at least current lack of progress on the entitlement reform and restructuring side. >> that's where i wanted to pick this up. we can talk about how we're going to make up revenue but we're talking about to use governor pawlenty's metaphor the trim on the wings of his airplane but i'm afraid the news you made this morning soledad is dick durbin seems to be very clear he's not in on one of these wings as governor pawlenty describes him. spending will not be part of the fiscal clif
when i ran for re-election i said i'm not signing any pledges. i'm going to do what's right. i'm not going to get into the game or sign or not sign pledges. look, from president obama's perspective and the democrats perspective, part of the exercise is to get more revenues from the wealthy, there's lots of different ways to do that. it doesn't necessarily need to be rates although it could be. but there's lots of ways to do that. at least they're in the ball park with each other on the revenue...
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Nov 21, 2012
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in his election on the 22nd of january. you don't negotiate an electoral campaign. >> have you said this to president mahmoud abbas? >> yes. i have respect for him. i don't give him advice. so let him wait until two or three months for the american government. and then also we can even improve the meaning of opening negotiations without prior conditions, because they say no prior conditions and now prior conditions. oldest can be settled. and they say it will take another two or three months. if they don't do it, the congress may stop the financial assistance through the palestinians. hamas will get money from iran, from turkey, from other countries, and it will look like hamas is winning the story. it's a mistake. >> i know your time is limited, so i'll ask you the question i've been asking people. the other day john mccain, a senator, suggested that president obama ask former president bill clinton to serve as a special envoy to try to revive israeli palestinian peace negotiations. george mitchell did it until about a yea
in his election on the 22nd of january. you don't negotiate an electoral campaign. >> have you said this to president mahmoud abbas? >> yes. i have respect for him. i don't give him advice. so let him wait until two or three months for the american government. and then also we can even improve the meaning of opening negotiations without prior conditions, because they say no prior conditions and now prior conditions. oldest can be settled. and they say it will take another two or...
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morsi and his run-up to his election gave a lot of strong anti-israeli rhetoric. is there a sense from hamas that he hasn't live d up to that? does he he have hamas' ear like we think he does? >> they have a fairly synchronized world view. we shouldn't, however, exaggerate that hamas is used to being isolated. remember the last time this kind of a situation developed when israel actually invaded gaza, hamas was fully isolated. this time they have the egyptian foreign minister, the turkish foreign minister, the secretary general of the arab league, arab foreign ministers coming to gaza and showing support. so they're feeling more support. >> i'm going to hold you there for a second. i want to get back to sarah sidner, who has the chief inspector of the israeli police with her to talk about this bus explosion and give us the breaking news. what's the latest from where you are? >> reporter: i'm having a little trouble hearing you. i think you just asked me the latest information. let me first tell you where we are. this is along the route where the bus was about a fe
morsi and his run-up to his election gave a lot of strong anti-israeli rhetoric. is there a sense from hamas that he hasn't live d up to that? does he he have hamas' ear like we think he does? >> they have a fairly synchronized world view. we shouldn't, however, exaggerate that hamas is used to being isolated. remember the last time this kind of a situation developed when israel actually invaded gaza, hamas was fully isolated. this time they have the egyptian foreign minister, the turkish...
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remember, he's up for re-election in late january. that's certainly something that he's going to have to be well aware of. people here are no happy with the cease-fire. their not happy with the way this military operation was conducted. they're not happy that this military operation ended so quickly. and if, in fact, the cease-fire doesn't hold. if, in fact, the status quo from before comes back again, then certainly that is something that could damage president obama -- prime minister netanyahu politically here in this country. it's certainly something where the people are somewhat skeptical about whether or not he made the right move. >> all right. our fred pleitgen, live for us in ashkelon, israel. fred, thank you. >>> five minutes here past the hour. susan rice now publicly defending the comments she made in the aftermath of the september 11th terrorist attack in benghazi on the u.s. consulate there. rice initially suggested the attack was sparked by protests over that anti-muslim film. well, now the u.s. ambassador to the u.n. is
remember, he's up for re-election in late january. that's certainly something that he's going to have to be well aware of. people here are no happy with the cease-fire. their not happy with the way this military operation was conducted. they're not happy that this military operation ended so quickly. and if, in fact, the cease-fire doesn't hold. if, in fact, the status quo from before comes back again, then certainly that is something that could damage president obama -- prime minister...
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he was elected in 2005 in free democratic elections. stoo hamas is running gaza. let's be real about that. >> what i'm trying to tell you -- nobody can deny that we have political differences with hamas. our top priority right now and it has been for the last few days is to secure the safety, the well being, to stop the bloodshed in the gaza strip, and we hope that, you know, the efforts that have been made in the last few months will continue between all the palestinian fabbings to put an end -- >> it's good to hope for that, but what is the reality that it might happen, or a chance that it might happen. just on the surface it seems that politically at least coming out of this, home whys has gained and the palestinian authority has not. >> i wouldn't look at it this way. i have been hearing this by different commentators. hamas is willing -- i wouldn't really look at it this way. after all, the palestinians of the gaza strip, the palestinians of the west bank, the palestinians in the -- they are all one people. they all say one objective. it helps the israeli mil
he was elected in 2005 in free democratic elections. stoo hamas is running gaza. let's be real about that. >> what i'm trying to tell you -- nobody can deny that we have political differences with hamas. our top priority right now and it has been for the last few days is to secure the safety, the well being, to stop the bloodshed in the gaza strip, and we hope that, you know, the efforts that have been made in the last few months will continue between all the palestinian fabbings to put...
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and nine of them were elected in 2010 and 2012. so they haven't graduated to that level where they would be the head of a committee. >> we don't have the seniority as far as and african-americans or hispanics don't have the seniority among the republican party as well in the house of representatives. >> yeah. this is the republican party. that's who it is. that's who's leading it. it's a genuine representation of what the republican coalition is right now. of course that's one of the big lessons of the 2012 election is republicans have to do better with nonwhite voters. that's the bottom line. we're seeing it represented here. >> paul ryan's going to stay on as chairman of the house budget committee even though there were term limits, he's got an exemption from that. >> yeah. >> what's his future? how does that look? >> i don't know. he's been very quiet so far on the fiscal cliff. presumably he'll have a lot to say about that. there's some reporting that has suggested that he's really pushing republicans not surprisingly on holdin
and nine of them were elected in 2010 and 2012. so they haven't graduated to that level where they would be the head of a committee. >> we don't have the seniority as far as and african-americans or hispanics don't have the seniority among the republican party as well in the house of representatives. >> yeah. this is the republican party. that's who it is. that's who's leading it. it's a genuine representation of what the republican coalition is right now. of course that's one of...
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up the political conversation today, but if you think talking about the latest election tomorrow, if you're thinking about you can thatting about it tomorrow during the feast, you might want to think again. why one psychologist says that could be a recipe for disaster. we'll be right back. >>> the holidays start out with such high hopes, families coming together eating lots of delicious food, but for some all that family time can lead to fights, big ones. and the tensions around your holiday table may be even stronger. joining me is jeff gardier. >> some americans are still very upset about the outcome of the election, but you have some advice, so let's go through it. first, you say set ground rules at the dinner table. what do you mean by that? >> letting your guests know before they even get to your home, of course you welcome political discussion, that's really what family dinners, thanksgiving dinners seem to be about because of the the reply quag upheaval, but by setting the ground rules, you're letting people know right away what is expected of them and what it is they can and
up the political conversation today, but if you think talking about the latest election tomorrow, if you're thinking about you can thatting about it tomorrow during the feast, you might want to think again. why one psychologist says that could be a recipe for disaster. we'll be right back. >>> the holidays start out with such high hopes, families coming together eating lots of delicious food, but for some all that family time can lead to fights, big ones. and the tensions around your...
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but what do they both mention on election night? we both love america and want the best for america. so that's where the commonality here is in a democracy. and i didn't mean to suggest that it was -- i mean, i think that it's important for democracy to see this picture. but where can they meet? i mean, the president talking about does he have any ideas for the middle class? >> i think probably he heard most of them while on the campaign trail and the president rejected all of them so i'm not sure you will see a lot of brainstorming come out of this. we have seen some democrats say they sort of liked mitt romney's idea about having a cap on deductions for the wealthy. that maybe there was something to that. i mean, so maybe there's some specifics but i just think that was about the feel of it. i think this was about, you know, kind of putting that period on democracy which is sort of ending with a swearing-in ceremony in january and i don't think we should expect much more and i think it's plenty. >> well said. candy crowley, as alw
but what do they both mention on election night? we both love america and want the best for america. so that's where the commonality here is in a democracy. and i didn't mean to suggest that it was -- i mean, i think that it's important for democracy to see this picture. but where can they meet? i mean, the president talking about does he have any ideas for the middle class? >> i think probably he heard most of them while on the campaign trail and the president rejected all of them so i'm...
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and we are currently -- currently electing the pool captain and the potential money manager. we're all discussing who will one the cameras in the next few days. >> the jackpot's been rolling over since october 6th. so it's rolled over 16 times. there's only a 5% chance it's going to roll over again. you want to buy your ticket. >> alison kosik, thank you so much. we talk about this a lot. we make a lot of fun about all the frenzy over the lottery. but seriously, we spend more time worrying about the lottery than we do about saving for college! >> i made friends with this guy barry on facebook, he said he would retries my foot steps for the last 40 years and help everyone who helped me through so many problems. i want to meet you, barry. now to the fiscal cliffhanger. just 34 days before massive tax hikes and spending cuts kick in and democrats and republicans look like they are gridlocked. the sticking point, entitlement reform. republicans appear willing to budge on higher taxes for the wealthy, but only if programs like social security, medicare, and medicaid face cuts. >>
and we are currently -- currently electing the pool captain and the potential money manager. we're all discussing who will one the cameras in the next few days. >> the jackpot's been rolling over since october 6th. so it's rolled over 16 times. there's only a 5% chance it's going to roll over again. you want to buy your ticket. >> alison kosik, thank you so much. we talk about this a lot. we make a lot of fun about all the frenzy over the lottery. but seriously, we spend more time...
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we congratulate him on his re-election. what we don't know is whether he has the leadership qualities necessary to lead his party to a bipartisan agreement on big issues like we currently face. >> reporter: what you're seeing here is a slightly different strategy than we've seen in the past. that's the president focusing more on stakeholders, making his case to the public. bringing business leaders here to the white house, going on the road. and spending less time with lawmakers at least up to this point. >> sounds like a pressure tactic rather than perhaps a negotiation tactic. we'll keep on it, and let us know who else goes through those doors. dan lothian, thank you very much. you know, as we watch this story playing out, each side wants the other to give in. or at least give a little more in the fiscal tug-of-war. in a little less than a couple of minutes now, we'll see what the republicans want from the democrats. and what they might offer to get what they want. n't just listen . listen to these happy progressive custo
we congratulate him on his re-election. what we don't know is whether he has the leadership qualities necessary to lead his party to a bipartisan agreement on big issues like we currently face. >> reporter: what you're seeing here is a slightly different strategy than we've seen in the past. that's the president focusing more on stakeholders, making his case to the public. bringing business leaders here to the white house, going on the road. and spending less time with lawmakers at least...
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Nov 27, 2012
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during the election it wasn't about big issues. one issue was big and that was raising taxes on wealthy people, and people knew that's what president obama wanted to do. they new mitt romney didn't want to do it and voted for president obama. he has the authority of the election behind him, and that gives him a good hand here. >> david let me ask you about grover norquist. the man who authored the pledge that so many reps signed and mike lee was the latest to say there's a lot of ways to skin a cat and back off the pledge. grover spoke to soledad on cnn. here was his comment. >> if you want to go to your voters and say, i promised you this, and i'm breaking my promise, you can have that conversation with them. you don't have an argument to we. you made a commitment to voters. >> he says he will try to unseat people that go against the pledge? is this a real risk that people that are up for re-election could lose jobs over this it or no? >> it is a real risk. it's not just grover norquist, it's the club for growth and other entities
during the election it wasn't about big issues. one issue was big and that was raising taxes on wealthy people, and people knew that's what president obama wanted to do. they new mitt romney didn't want to do it and voted for president obama. he has the authority of the election behind him, and that gives him a good hand here. >> david let me ask you about grover norquist. the man who authored the pledge that so many reps signed and mike lee was the latest to say there's a lot of ways to...
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Nov 29, 2012
11/12
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>> significant difference in this election. historically, since jimmy carter, america has voted presidents who claim to be, quote, born again, whether liberal or conservative. every single president since carter claimed to be, quote, born again. this was the first election since carter where neither candidate, nor president obama nor mitt romney claimed to be a born again christian. there was a choice there that was very different. >> how would you feel if a muslim president were to be elected? >> depends on what his views are on politics. you're not voting for a pastor. you're voting for a president. when i go to a doctor i don't ask the guy are you a christian? i ask him, have you done this surgery before? >> you did the invocation for president obama's inauguration in 2009. any sense to go back here in a few weeks? >> no, i'm sure i won't. many people don't know four years earlier i did an inauguration prayer for president bush at the beginning of his inauguration, but nobody noticed it. >> i want to talk about the coarsenes
>> significant difference in this election. historically, since jimmy carter, america has voted presidents who claim to be, quote, born again, whether liberal or conservative. every single president since carter claimed to be, quote, born again. this was the first election since carter where neither candidate, nor president obama nor mitt romney claimed to be a born again christian. there was a choice there that was very different. >> how would you feel if a muslim president were to...
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Nov 26, 2012
11/12
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i made tennesseeans aware i was just elected. the only thing i'm honoring is the oath that i take when i serve, when i'm sworn in this january. >> over the past few days, three other lawmakers on capitol hill, senator saxby chant list, king, and lindsey graham have made similar statements. the anti tax pledge is the brain child of grover norquist, long-time power broker. >>> supreme court justices are expected to meet in closed-door session friday to look over same-sex marriage petitions. the high court could decide to take up one of five challenges to the defense of marriage act or california's proposition 8 case. >>> kids love those bounce houses, but parents will not love these latest figures from the journal of pediatrics. a study found injuries from the inflatable bouncers spiked more than 15 times over a 15-year period. about a quarter of those injuries were broken bones. researchers don't know for sure why these injuries have gone up so much. >>> the rolling stones are back. did they ever leave? anyway, the rolling stones
i made tennesseeans aware i was just elected. the only thing i'm honoring is the oath that i take when i serve, when i'm sworn in this january. >> over the past few days, three other lawmakers on capitol hill, senator saxby chant list, king, and lindsey graham have made similar statements. the anti tax pledge is the brain child of grover norquist, long-time power broker. >>> supreme court justices are expected to meet in closed-door session friday to look over same-sex marriage...
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Nov 27, 2012
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you have democrat harry reid saying the president won the election. and it is time for republicans to fall in line. meantime, republican mitch mcconnell not impressed with the president's plans to go back on the road. take a listen. >> look, we already know the president is a very good campaigner, congratulate him on his re-election. what we don't know is whether he has the leadership qualities necessary to lead it a bipartisan agreement on big issues, like we currently face. >> last year of his campaign, every place he went, that's what he talked about. americans, when they voted, raised their voices and supported our pledge. congress must act in accordance with the will of the american people. >> let's kick this conversation off in washington. republican rand paul of kentucky is joining me, kentucky's junior senator, elected in 2010. you probably know this, it bears repeating here, you're opposed to raising any taxes, anyone's taxes, even some in his party are flirting with compromise on that issue. senator paul, welcome. thank you for joining me. >
you have democrat harry reid saying the president won the election. and it is time for republicans to fall in line. meantime, republican mitch mcconnell not impressed with the president's plans to go back on the road. take a listen. >> look, we already know the president is a very good campaigner, congratulate him on his re-election. what we don't know is whether he has the leadership qualities necessary to lead it a bipartisan agreement on big issues, like we currently face. >>...
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Nov 26, 2012
11/12
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. >>> the white house election shows where the people stand on the economy, the fiscal cliff. but today we have some very specific answers to very interesting questions. cnn's political editor paul steinhauser joins me live. first of all, paul, are people paying attention to the fiscal cliff? >> it seems they are. look at this, a cnn national poll out this morning. and we asked, what will the effect be on the country if it goes over the fiscal cliff? nearly 7 in 10 say major problems for the country, maybe even a crisis, with only about 3 in 10 saying minor and no problems. and john, personally, three quarters tell us they think their pocket books will be affected if the country falls off the fiscal cliff. >> we've heard both sides fighting. what do americans say they want to see in the deal? >> they want compromise, and what do they specifically want? look at these numbers. two-thirds say they want spending cuts, and some tax increases combined. only about 3 in 10 say just spending cuts. and john, it's interesting. when we asked just republicans that same question, slight maj
. >>> the white house election shows where the people stand on the economy, the fiscal cliff. but today we have some very specific answers to very interesting questions. cnn's political editor paul steinhauser joins me live. first of all, paul, are people paying attention to the fiscal cliff? >> it seems they are. look at this, a cnn national poll out this morning. and we asked, what will the effect be on the country if it goes over the fiscal cliff? nearly 7 in 10 say major...
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Nov 27, 2012
11/12
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and in fact, during the election, if it wasn't clear by much. the one issue was really big, and that was raising taxes on wealthy people. people knew that's exactly what president obama knew. they knew mitt romney didn't want to do it, and they voted for president obama. >> david, let me ask you about grover norquist. obviously, the man who authored the pledge that so many reasons have signed. mike lee from utah was the latest on the show to say, back off the pledge. grover spoke to soledad this morning on cnn, if you break my pledge, you're going to have to deal with voters. here was his comment. >> if youen watt to go to your voters and say, i promised you this, and i'm breaking my promise. you can have that conversation with them, but you're not having that argument with me. you made a commitment to your voters. >> he says he's going to try to unseat people who go against the pledge. is this a real risk that saxby chambliss or lindsey graham could end up losing their jobs over 24? >> it is a real risk. understand what direction these people a
and in fact, during the election, if it wasn't clear by much. the one issue was really big, and that was raising taxes on wealthy people. people knew that's exactly what president obama knew. they knew mitt romney didn't want to do it, and they voted for president obama. >> david, let me ask you about grover norquist. obviously, the man who authored the pledge that so many reasons have signed. mike lee from utah was the latest on the show to say, back off the pledge. grover spoke to...